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Jeffrey Alexander "Jeff" Frankel (born November 5, 1952, in San Francisco, California) is an international macroeconomist. He works as the James W. Harpel Professor of Capital Formation and Growth at Harvard University's Kennedy School of Government. [1]
Frankel graduated from Swarthmore College in 1974 with a B.A. in economics. He then received his Ph.D. from MIT in 1978. [2]
Frankel began his career as an assistant professor at the University of Michigan (1978-1979). [2]
He then worked at UC Berkeley as an assistant professor (1979–1980), an associate professor (1980–1987) and a professor of economics (1987–1999). He also was a visiting professor at Yale in 1980. [2] He eventually joined Harvard in 1999. [3]
Frankel was a member of the Council of Economic Advisers under President Bill Clinton, [4] Frankel's contributions include showing econometrically that openness is good for economic growth, by means of a gravity model of trade (with David Romer).[ citation needed ]
Frankel directs the Program in International Finance and Macroeconomics at the National Bureau of Economic Research and is also on the Business Cycle Dating Committee, which officially declares US recessions.[ citation needed ]
According to The Market Oracle Frankel says no new monetary policy, after inflation targeting, has been decided on for offering financial stability. [5]
Frankel has co-authored a number of books and has written for The Guardian. [6]
Rüdiger Dornbusch was a German economist who worked in the United States for most of his career.
Robert Merton Solow, GCIH is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him. He is currently Emeritus Institute Professor of Economics at the Massachusetts Institute of Technology, where he has been a professor since 1949. He was awarded the John Bates Clark Medal in 1961, the Nobel Memorial Prize in Economic Sciences in 1987, and the Presidential Medal of Freedom in 2014. Four of his PhD students, George Akerlof, Joseph Stiglitz, Peter Diamond and William Nordhaus later received Nobel Memorial Prizes in Economic Sciences in their own right.
Paul Robin Krugman is an American economist and public intellectual, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times. In 2008, Krugman was the winner of the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services.
The Plaza Accord was a joint–agreement signed on September 22, 1985, at the Plaza Hotel in New York City, between France, West Germany, Japan, the United Kingdom, and the United States, to depreciate the U.S. dollar in relation to the French franc, the German Deutsche Mark, the Japanese yen and the British Pound sterling by intervening in currency markets. The U.S. dollar depreciated significantly from the time of the agreement until it was replaced by the Louvre Accord in 1987. Some commentators believe the Plaza Accord contributed to the Japanese asset price bubble of the late 1980s.
James Bradford "Brad" DeLong is an economic historian who is a professor of economics at the University of California, Berkeley. DeLong served as Deputy Assistant Secretary of the U.S. Department of the Treasury in the Clinton Administration under Lawrence Summers.
The Mexican peso crisis was a currency crisis sparked by the Mexican government's sudden devaluation of the peso against the U.S. dollar in December 1994, which became one of the first international financial crises ignited by capital flight.
The strong dollar policy is the United States economic policy based on the assumption that a strong exchange rate of the United States dollar is in the interests of the United States and the whole world. It is said to be also driven by a desire to encourage foreign bondholders to buy more Treasury securities. The United States Secretary of the Treasury occasionally states that the U.S. supports a strong dollar. Since the implementation of this policy in 1995 by Robert Rubin, the dollar has declined substantially. Despite this, the policy keeps inflation low, encourages foreign investment, and maintains the currency's role in the global financial system.
Dani Rodrik is a Turkish economist and Ford Foundation Professor of International Political Economy at the John F. Kennedy School of Government at Harvard University. He was formerly the Albert O. Hirschman Professor of the Social Sciences at the Institute for Advanced Study in Princeton, New Jersey. He has published widely in the areas of international economics, economic development, and political economy. The question of what constitutes good economic policy and why some governments are more successful than others at adopting it is at the center of his research. His works include Economics Rules: The Rights and Wrongs of the Dismal Science and The Globalization Paradox: Democracy and the Future of the World Economy. He is also joint editor-in-chief of the academic journal Global Policy.
Barry Julian Eichengreen is an American economist who holds the title of George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley, where he has taught since 1987. Eichengreen currently serves as a Research Associate at the National Bureau of Economic Research and as a Research Fellow at the Centre for Economic Policy Research.
Per Anders Åslund is a Swedish economist and a Senior Fellow at the Atlantic Council. He is also a chairman of the International Advisory Council at the Center for Social and Economic Research (CASE).
Elhanan Helpman is an Israeli economist who is currently the Galen L. Stone Professor of International Trade at Harvard University. He is also a Professor Emeritus at the Eitan Berglas School of Economics at Tel Aviv University. Helpman is among the thirty most cited economists in the world according to IDEAS/RePEc.
Gene Michael Grossman is the Jacob Viner Professor of International Economics at Princeton University. He received his B.A. in Economics from Yale University in 1976 and his Ph.D. in Economics from the Massachusetts Institute of Technology in 1980. He became assistant professor at Princeton University in 1980 and full professor of economics in 1988. He is well known for his research on international trade, in large part focusing on the relationship between economic growth and trade and the political economy of trade policy. He is also known for his work on the environmental Kuznets curve. He frequently collaborated with Harvard professor Elhanan Helpman, producing three books together: Innovation and Growth in the Global Economy, Special Interest Politics, and Interest Groups and Trade Policy. In 2009, Grossman received an honorary doctorate in Economics from the University of St. Gallen. Grossman received the 2015 Onassis Prize for International Trade. In 2016, Grossman received an honorary doctorate in Economics from the University of Minho. Professor Grossman currently lives with his wife and fellow lecturer at the Princeton School of Public and International Affairs, Jean Baldwin Grossman. He has two children.
Currency intervention, also known as foreign exchange market intervention or currency manipulation, is a monetary policy operation. It occurs when a government or central bank buys or sells foreign currency in exchange for its own domestic currency, generally with the intention of influencing the exchange rate and trade policy.
Yasheng Huang is an American professor in international management at the MIT Sloan School of Management, where he founded and heads the China Lab and India Lab. His research areas include human capital formation in China and India.
Edwin (Ted) M. Truman is an American economist specializing in international financial institutions, especially the International Monetary Fund and sovereign wealth funds. He has been a Senior Fellow with the Peterson Institute for International Economics since 2001. Truman has worked quietly over the years on international financial crises issues. Nobel laureate Paul Krugman described Truman as the "George Smiley of international economics".
Adam Simon Posen is an American economist and President of the Peterson Institute for International Economics. He became President of the Peterson Institute on January 1, 2013, having first joined PIIE in July 1997. Under his leadership, the Peterson Institute has been named the top think tank in international economics by the Prospect Think Tank Awards and in the UPenn Global Go To Think Tank Index.
Jeffrey Gale Williamson is the Laird Bell Professor of Economics (Emeritus), Harvard University; an Honorary Fellow in the Department of Economics at the University of Wisconsin (Madison); Research Associate at the National Bureau of Economic Research; and Research Fellow for the Center for Economic and Policy Research. He also served (1994–1995) as the president of the Economic History Association. His research focus is and has been on comparative economic history and the history of the international economy and development. Economist Hilary Williamson Hoynes is his daughter.
The Harvard Institute for International Development (HIID) was a think-tank dedicated to helping nations join the global economy, operating between 1974 and 2000. It was a center within Harvard University, United States.
Woo Wing Thye is a Malaysian-American economist. He is currently Professor of Economics at University of California, Davis. He is the President of the Jeffrey Cheah Institute on Southeast Asia and Director of the Jeffrey Sachs Center on Sustainable Development at Sunway University in Malaysia and holds academic positions at the Penang Institute in George Town, Malaysia, Fudan University in Shanghai, and the Institute of Population and Labour Economics of the Chinese Academy of Social Sciences in Beijing.
Simon Wren-Lewis is a British economist. He is a professor of economic policy at the Blavatnik School of Government at Oxford University and a Fellow of Merton College.
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